House hunting

What are the things that puzzle, enrage, delight and tickle you as you go about your life in Madison?
Beard
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Posts: 290
Joined: Fri May 05, 2017 11:46 am

Re: House hunting

Postby Beard » Sat Dec 29, 2018 6:17 pm

Beard wrote:
Beard wrote:
Beard wrote:
The price keeps dropping. It's now at (a still unrealistic) $410k.


Still dropping... It's now at $374,900


Still dropping...It's now $359,900


Still dropping...
$349,900

snoqueen
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Posts: 15266
Joined: Fri Feb 14, 2003 10:42 pm

Re: House hunting

Postby snoqueen » Sun Dec 30, 2018 1:28 am

"Seller is very motivated" is realtor-speak for "they'll go even lower in a heartbeat." Something has gone way wrong here.

These flippers are in over their head and I almost feel sorry for them. Almost.

frankiewhalen
Senior Member
Posts: 69
Joined: Tue Apr 05, 2016 9:27 pm

Re: House hunting

Postby frankiewhalen » Sun Dec 30, 2018 10:37 am

They own another home a few doors down the street. Probably need the cash for whatever they are doing to that one.

Beard
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Posts: 290
Joined: Fri May 05, 2017 11:46 am

Re: House hunting

Postby Beard » Fri Jan 18, 2019 3:33 pm

frankiewhalen wrote:They own another home a few doors down the street. Probably need the cash for whatever they are doing to that one.


They must have gotten a deal on materials/appliances because both of the La Belle houses now have virtually identical interiors.

408 La Belle was purchased for $244k in early July. It's now being listed at $369,900.

401 La Belle is still available at $349,900.

They learned something about pricing from the first house. Instead of listing the new one at 77.1% above what they paid they are only trying to increase the price by 55.1%.


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